Economy/Investment

Six questions for Asian Development Bank Vice President Diwakar Gupta

The Asian Development Bank is one of the largest international investors in Papua New Guinea, mainly in infrastructure. One of its six Vice-Presidents, Diwakar Gupta—who is responsible for Private Sector and Cofinancing Operations—tells Business Advantage PNG the bank also has funds to invest in PNG's private sector—under certain conditions.
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Economic update: Papua New Guinea’s economy gathers pace

After years of low growth, the Pacific’s largest economy is looking to benefit from new resources and infrastructure investment—plus a dividend from hosting APEC 2018. Business Advantage PNG's Andrew Wilkins talks with Papua New Guinea's business leaders about the year ahead.
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Papua New Guinea proposes foreign investment reforms

Last month, the Papua New Guinea Government tabled the Foreign Investment Regulatory Authority Bill in Parliament. What is the bill designed to achieve and why is the business community concerned? Business Advantage PNG investigates.
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Papua New Guinea’s foreign exchange and budget situation improving, says central bank Governor

The Governor of the Bank of Papua New Guinea, Loi Bakani, says the foreign exchange market is on track to return to normalcy. In an exclusive interview with Business Advantage PNG, he says the PNG LNG project has begun paying taxes for the first time, which is improving the Government’s budgetary position.
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